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Industrial Warehouse Campus with Cranes
For Sale
$6,435,000

110 Consolidated Drive, Lafayette, LA 70508

Commercial Sale, Lafayette, LA

Property Size64,208 SF
Lot Size11.92 Acres
Price / SF$100.22
Days on Market139

Property Features for 110 Consolidated Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning IL
Parking 50
Lot features Level
Directions From the intersection of Southpark Rd. and Pinhook travel on Southpark Road headed towards Hwy. 90. Turn right on Tideland. The facility starts at the Y where Tideland Rd. turns into Consolidation Dr.
Subdivision O
Standard status Active
APN 6044268
Size 64,208 SF
Lot size 11.92 Acres

Taxes and HOA fees

Tax Description LOT 4 TIDELAND INDUSTRIAL PARK PHASE 2 (3.330 acs); LOT 1 TIDELAND INDUSTRIAL PARK PHASE I (2 AC); LOT 2 TIDELAND INDUSTRIAL PARK PHASE I LOTS 2 & 3 1.87 acres; LOT 3 BUGLE REALTY PARK (1.394 AC)(132X460); LOT 4 BUGLE REALTY PARK (1.394 AC) (132X460);
Tax Annual Amount 84454
Legal Description LOT 4 TIDELAND INDUSTRIAL PARK PHASE 2 (3.330 acs); LOT 1 TIDELAND INDUSTRIAL PARK PHASE I (2 AC); LOT 2 TIDELAND INDUSTRIAL PARK PHASE I LOTS 2 & 3 1.87 acres; LOT 3 BUGLE REALTY PARK (1.394 AC)(132X460); LOT 4 BUGLE REALTY PARK (1.394 AC) (132X460);

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air

Amenities

bridge cranes
overhead doors
laydown yard

Building Details

Floors in Building 2
Flooring type Vinyl, Tile
Building materials Metal Siding
Roof type Metal
Buildings 3
Listing Agency: Compass · ERA Real Estate
Listed By: Brennan Billeaud · License #0000069755
Added: Jun 9 Changed: Oct 23 Last Checked: Oct 25 at 10:06AM
MLS# 2600005131

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This industrial property comprises 64,208 square feet across three buildings, with office and warehouse areas in each. The main campus at 110 Consolidated Drive contains 41,208 square feet on 7.2 acres, including 15,032 square feet of office space and 26,176 square feet of warehouse space. It has seven overhead doors, six 5-ton bridge cranes, and 26- and 18-foot eave heights. Two additional buildings at 412 and 318 Tideland Road contain 7,500 and 15,500 square feet, respectively, and include office space, overhead doors, and bridge cranes. The buildings have differing flood-zone designations, including areas identified as floodway.

A separate 2.788-acre stabilized, fenced laydown yard is located at 129 and 133 Boyce Street. The main campus is within Lafayette city limits and zoned IL; the Boyce Street yard is also zoned IL. The Tideland Road buildings are in unincorporated Lafayette Parish. Public sewer, water, and electric service are identified for the main campus.

Key Highlights

  • 64,208 SF across three industrial buildings, with a separate 2.788‑acre laydown yard
  • Main campus: 41,208 SF on 7.2 acres, including 15,032 SF office and 26,176 SF warehouse
  • Main campus includes 7 overhead doors and 6 - 5 Ton bridge cranes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$367,856
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,357,120 $7.4M
Cap Rate 7%
$5,255,086 $5.3M
Cap Rate 9%
$4,087,289 $4.1M
Market Conditions
NOI Build-Up for 64,208 SF
Gross rent
$454.6K $7.08/SF
− Vacancy
−$21.8K −$0.34/SF
EGI
$432.8K $6.74/SF
− OpEx
−$64.9K −$1.01/SF
NOI
$367.9K $5.73/SF
Area
Lafayette, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,357,120
Cap Rate 7%
$5,255,086
Cap Rate 9%
$4,087,289

Alternative Uses

Best Use
Warehouse
$5.26M
$4.60M – $6.13M (±1% cap)
NOI $367,856 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.18M
$13.28M – $17.71M (±1% cap)
NOI $1,062,668 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Warehouses

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Southpark Self Storage — 3540 W Pinhook Rd, Lafayette, LA 70508
  • AAA U-Store-UM — 3515 Hwy 90 E, Broussard, LA 70518
  • All American Transfer And Storage — 120 Southpark Rd, Lafayette, LA 70508
  • Acadiana Movers — 120 Southpark Rd, Lafayette, LA 70508

Frequently Asked Questions

What type of property is this?
Warehouse - Multiple Lafayette-area industrial buildings pair office and warehouse space with bridge cranes and a separate stabilized yard.
Where is this warehouse located?
The property is located at 110 Consolidated Drive Lafayette, LA.
What is the asking price?
The asking price for this property is $6,435,000.
What are key features of this property?
This property features: 64,208 SF across three industrial buildings, with a separate 2.788‑acre laydown yard; Main campus: 41,208 SF on 7.2 acres, including 15,032 SF office and 26,176 SF warehouse; Main campus includes 7 overhead doors and 6 - 5 Ton bridge cranes
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